Supreme Court E-Library
Information At Your Fingertips


  View printer friendly version

(NAR) VOL. 25 NO. 1 / JANUARY - MARCH 2014

[ CAAP MEMORANDUM CIRCULAR NO. 09-14, March 21, 2014 ]

MERGER AND CONSOLIDATION OF ENTITIES WITH CAAP-ISSUED AVIATION CERTIFICATES



Pursuant to paragraphs (d), (e) and (h) of Section 35, in relation to Section 81 (a) (4), of Republic Act No. 9497 (Civil Aviation Authority Act of 2008), aviation entities holding CAAP-issued Aviation Certificates that have undertaken corporate merger or consolidation within the meaning and intendment of the Corporation Code of the Philippines, are hereby directed, within a period of not more than fifteen (15) days prior to the intended date of commercial operations or launching of promotional campaign/public advertising as such newly merged or consolidated corporate entity, to submit to this Authority certified true copies of the following documents:

a)
Securities and Exchange Commission (SEC)-approved Certificate of Registration, Articles of Incorporation and By-Laws of the surviving or consolidated corporation;
b)
Amended Congressional Franchise and/or Permit issued by the Civil Aeronautics Board;
c)
Amended insurance contract or policy indicating the name of the surviving or consolidated corporation.

CAAP approval of the change of applicable Operations, Maintenance, Facility/Aerodrome and Aircraft Certificates, including revisions or amendments of related manuals, must likewise be secured within the period as above specified.

This directive shall also apply to aviation certificate holders which elect to adopt or project to the general public a business or commercial branding different from the corporate name reflected in CAAP-approved certificates.

For compliance.

(SGD) LT GEN WILLIAM K HOTCHKISS III AFP (RET)
Director General

© Supreme Court E-Library 2019
This website was designed and developed, and is maintained, by the E-Library Technical Staff in collaboration with the Management Information Systems Office.